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DragonWave finds a home with Transform-X

Wireless backhaul vendor DragonWave has been acquired by Transform-X, a US company specializing in waveform, software and hardware technologies for microwave radio, satellite radio, broadcast and other RF communications. DragonWave came to prominence on the back of Clearwire’s WiMAX-based deployment in the US, which was later merged into Sprint’s roll-out of WiMAX in a bid to pre-empt LTE projects by its rivals. That failed, but DragonWave continued to supply Sprint and other operators around the world, but recently struggled because of cutbacks by the US carrier, as well as high levels of competition in the wireless backhaul market, accompanied by lower than expected market growth rates, especially in small cells. DragonWave entered receivership earlier this year, a process which will…